Federated Hermes Enhanced Income ETF (PAYR)

Federated Hermes Enhanced Income ETF (PAYR) is an exchange-traded fund in the Derivative Income category. It has $41.30M in assets and an expense ratio of 0.40%. The fund manager pursues its investment objective by investing primarily in high dividend-paying common stocks with dividend growth potential along with an options overlay strategy. The fund generally invests in high dividend-paying large-cap or mid-cap stocks of U.S. issuers, and may also hold foreign stocks, including depositary receipts.